Why is box 24 on my T4 slip higher than box 14? Box 14 is the correct amount of earnings. I am using Simply 2008 premium.

  • FormerMember
    FormerMember

     Hello meadow,

    You can manually change the amount reporting in box 24 for each employee.  Double click on the employee list, double click on your employee and click on the T4/RL1 reporting tab there.  In that tab you can change the insurable and pensionable earning amounts reporting on your employee's T4.  However I would suggest not printing your T4s from Sage Simply Accounting 2008 Premium as that program will not print the amounts in box 24/26 if they match box 14, a requirement that changed in the 2011 reporting period.

    Hope this helps! 

  • FormerMember
    FormerMember

    No other way unfortunately.  You could always post a paycheque that affects gross income then modify the amount reporting in box 24 to match the new value in box 14.